To view the PDF file, sign up for a MySharenet subscription.

TRUWORTHS INTERNATIONAL LIMITED - Dealings in securities

Release Date: 06/05/2013 07:30
Code(s): TRU     PDF:  
Wrap Text
Dealings in securities

TRUWORTHS INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
JSE Code: TRU; NSX Code: TRW; ISIN: ZAE000028296
("the company")

DEALINGS IN SECURITIES

Notice is hereby given, in terms of paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE
Limited, of the following transactions in respect of the company’s shares by a director of a material
subsidiary of the company and his associate:


Name of director                  :                   Emanuel Francis Cristaudo
Executive director of             :                   Truworths Limited
Name of associate                 :                   The Cristaudo Family Trust (“trust”)
Relationship with director        :                   Family trust of which the director is a
                                                      discretionary beneficiary

Transaction #1
Date of transaction               :                   2 May 2013
Nature of transaction and
  interest of director            :                   Sale of the company’s shares held 100%
                                                      directly and beneficially by the director to the
                                                      trust, in which the director has a 100%
                                                      indirect and beneficial interest
Price per share sold              :                   R89.19
Number of shares                  :                   24 000
Value of transaction              :                   R2 140 560
Class of shares                   :                   Ordinary shares
Transaction                       :                   Off-market
Clearance obtained                :                   Yes

Transaction #2
Date of transaction               :                   2 May 2013
Nature of transaction             :                   Exercise of options granted over the period
                                                      from 2 October 2007 to 8 December 2010 in
                                                      terms of the company’s share incentive
                                                      scheme, the resulting purchase of the
                                                      company’s shares and the simultaneous sale
                                                      of such shares on the open market
Extent and interest               :                   100% direct and beneficial interest
Purchase price per share          :                   R37.2210 vwap (high: R73.80; low: R31.75)
Number of shares                  :                   37 778
Total purchase price              :                   R1 406 135
Selling price per share           :                   R90.5282 (vwap) (high: R90.86; low R90.00)
Total selling price               :                   R3 419 974
Purchase transaction              :                   Off market
Sale transaction                  :                   On market
Class of shares                   :                   Ordinary
Clearance obtained                :                   Yes


6 May 2013
Sponsor: One Capital

Date: 06/05/2013 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story